By CCN.com: Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Van Steenis says while traditional banks are always trying to fend...

Litecoin [LTC] is one of the many cryptocurrencies that is facing a difficult period of late since the unexpected slump of January 10, 2019. It has struggled to get out of the bear’s grasp for a while now, which does perhaps raise concerns about the immediate future of LTC.At the...

Switzerland’s Falcon Private Bank has introduced a cryptocurrency wallet as well as support for direct transfers of BTC, BCH, ETH and LTC for private and institutional investors. The bank said investors can now directly transfer cryptocurrencies to and from its own “segregated Falcon wallets.” They can also convert their digital...

Blockchain-based Ride-Hailing App Opens in Vietnam On January 21, 2019, blockchain-based ride-hailing app Tada launched operations in Vietnam after previous expansions into Cambodia. New Markets Tada, a blockchain-based ride app has seen quite the expansion in recent times. The opened to Cambodia in 2018, and now, they have opened in...

By CCN.com: Suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to various prison terms based on their level of involvement in the much-publicised theft of more than three-quarters of a million dollars worth of crypto mining equipment. Crypto Mining Thieves Jailed in Iceland Ringleader Sindri Stefanson bagged...

Yahoo co-founder Jerry Yang recently said that digital currencies and their underlying blockchain technology can only survive in the long-term if the crypto community builds a solid foundation of trust around them.Yang’s comments about cryptoassets and distributed ledger technology (DLT) came during a speech he delivered at the recent Nikkei...

Brock Pierce, the co-founder of crypto venture fund DNA, chairman of the Bitcoin Foundation and EOS backer, talks about the current state of crypto, including Bitcoin, Ethereum, EOS, Tron and Cardano. Pierce told CNBC’s Crypto Trader that Ethereum needs to scale this year to remain a front runner in the...

Ripple has been working non-stop in terms of spreading its reach, with the firm recently marking a milestone by crossing more than 200 partnerships across 40 different countries. According to Crowd Fund Insider, Ripple has struck another partnership with Tsinghua University, in order to launch a scholarship program.The Institute for...

By CCN.com: Russia’s media watchdog, Roskomnadzor, plans to sue Facebook and Twitter for not complying with laws pertaining to the storage of Russian’s citizen’s data. There is speculation this could lead to Facebook and Twitter being banned in Russia. Such a ban might have a greater impact on Twitter than...

Milligan Partners and Rufftup.io Join Forces to Launch a Blockchain-Powered Tolling System Milligan Partners, a leading U.S. tolling company has allied with Ruuftup.io, a distributed ledger technology (DLT) firm to launch Tolling.Network, a tolling solution powered by the Hyperledger Fabric, aimed at enhancing toll interoperability, according to a PR Newswire...

Yahoo co-founder Jerry Yang says blockchain technology could have a big impact on the future of finance. At the Innovation Asia Forum in Singapore, Yang outlined what he believes is required for blockchain to truly take off, reports Finews Asia. “Blockchain is a natural technology for banks and trading. If...

By CCN.com: For years, the cryptocurrency market has been buffeted with projections and predictions of doom. We are constantly told that any day now, bitcoin and all its progeny will collapse into the nothingness from whence they came, or something to that effect. These statements and pronouncements have even been...

Opinion:XRP and Ripple, together have created quite a buzz in the financial system, especially in the remittance industry with their blockchain solutions.XRP has faced all the major cryptocurrencies and triumphed to become the second-largest cryptocurrency by market cap in the space. The only other thing that’s left for XRP to...

U.S. Senator Kamala Harris (D-CA) announced Monday that she would be seeking the Democratic Party’s nomination to run for president in 2020. She timed her announcement for Martin Luther King Jr. Day, a sign that she intends to make political capital of her identity as a woman of color. That’s...

News Bitcoin Transferred More Than $3.2 Trillion in Value Last Year Georgi Georgiev | Jan 21, 2019 | 15:00 Share Tweet Send Share Bitcoin’s (BTC) layer 1 transaction volume in 2018 was $3.2 trillion. Furthermore, over $2.2 trillionof Bitcoin was traded throughout last year – almost four times more than...

An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. No Reason...

Marcus Hughes, Coinbase’s lead executive believes the year 2019 will bring ‘regulations on Bitcoin’ across the world, particularly in Europe. Huges Predicting Positive Outcomes from Regulations Discussing at the Forbes Interview, Chief Counsel of Coinbase, the leading Bitcoin Exchange and Wallet service, Marcus Hughes said that the regulatory frameworks will...

Saudi Arabia and the United Arab Emirates have announced further plans to launch a digital currency that will help their cross-border transactions. The cryptocurrency is one of seven joint initiatives, including a financial awareness youth training program, initiated by the Executive Committee of the Saudi-Emirati Coordination Council held over the...

The hacking of Cryptopia has raised several questions as regards the security measures employed by crypto exchanges across the globe. In light of this, Cryptocurrency Exchange Ratings [CER] team put out a report documenting its assessment of the security measure put in place by the top-100 exchanges by trading volumes.In...